Forbes America’s 25 Weakest Housing Markets

Behind the Numbers
To find them, we asked Moody’s Economy.com to compile a list of the country’s real estate markets that are furthest from recovery. Moody’s looked at the country’s Census-defined metro areas–including metropolitan and micropolitan statistical areas–with populations over 500,000 and prepared forecasts through 2011. They then compared them with prices in the second quarter of 2008, the latest figures available, to calculate how far prices will likely fall before reaching bottom.

Las Vegas, Nev.

Miami, Fla.

Palm Bay, Fla.

Fort Lauderdale, Fla.

Provo, Utah

Jacksonville, Fla.

Bradenton, Fla.

Tucson, Ariz.

Orlando, Fla.

Boise City, Idaho

West Palm Beach, Fla.

Phoenix, Ariz.

Honolulu, Hawaii

Tampa, Fla.

Salt Lake City, Utah

Santa Ana, Calif.

Deltona, Fla.

Stockton, Calif.

Los Angeles, Calif.

Fresno, Calif.

Edison, N.J.

Riverside, Calif.

Camden, N.J.

Cape Coral, Fla.

Newark, N.J.

Read the entire article “America’s 25 Weakest Housing Markets” written by Deborah Orr, at Forbes.com